Nuclear
Bullish Charts - Uranium PlayCameco Corporation produces and sells uranium. The company operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. Its operating uranium property is the Cigar Lake property located in Saskatchewan, Canada. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces fuel bundles and reactor components for CANDU reactors. The company sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.
Cameco Corporation is one of the world's largest uranium producers, a significant supplier of conversion services and one of two CANDU fuel manufacturers in Canada. Their competitive position is based on their controlling ownership of the world's largest high-grade reserves and low-cost operations. Over the last four quarters, the stock’s earnings surpassed the Zacks Consensus Estimate thrice .
finance.yahoo.com
On May 20, 2020, U.S. Department of Energy rushes to build advanced new nuclear reactors
www.sciencemag.org
On 06/26/20, Cameco issued a press release relating to its win in the appeals court for tax issues. With the court win, Cameco should be receiving over $300 Million back from the Canadian Government plus another $482 million back in letters of credit that Cameco was required to pay as installments.
transferpricingnews.com
The tax court win was a HUGE win for Cameco and will free up hundreds of millions of dollars.
Daily Chart Looks Bullish
Volume, Bullish
PMO, Bullish
MACD, Bullish
Stochastic, Bullish
OBV, Bullish
On 06/30/2020, Raymond James issued an Outperform rating on Cameco.
On 06/25/2020, BMO Capital Markets raised the price target to C$17.00.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Cameco - a rare opportunity to invest in carbon-free nuclear.Cameco's share price is down nearly 50% from it's 52-week high, despite what is normally a low beta stock. The Company has a strong balance sheet and over $1 billion in cash. The only issue is earnings. The P/E ratio is very high, but the $74 million in earnings (before adjustments) for 2019 was a paltry 18 cents per share in an oversupplied market for uranium. Cameco management is aware of this, and to quote their own strategy:
We will not produce from our tier-one assets to sell into an oversupplied spot market. During a prolonged period of uncertainty, this could mean leaving our uranium in the ground. As conditions improve, we expect to meet rising demand with production from our best margin operations.
NOSHORTEMBER IS COMING || ALTSEASON ANTICIPATION ANALYSIS Alright, despite all the bearish bullshit there are clear signs of upcoming HUGE MOVES.
Yeah you might get REKT on the way up, it's not going to be a comfortable ride like we had in 2017 (shout out to all the 2k17 veterans).
Expect a lot of whale fuckery (as usual, in fact this whole decline is due to whale-fuckery).
Don't forget about 22loops' warning about BTC ATL in mid-October.
This chart is here to inform you that you gotta pay close attention to ALTCAP in the upcoming days.
Good luck fellas
and may the Force be with ya
P.S.
I'm still HODLing DOGE
UUUU: Energy Fuels IncEnergy Fuels state they are "the No. 1 uranium producer in the U.S. with a market-leading portfolio" as well as being a recent vanadium producer.
Energy Fuels Inc., together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. The company owns and operates the Nichols Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah. It also holds interests in uranium and uranium/vanadium properties and projects in various stages of exploration, permitting, and evaluation located in Utah, Wyoming, Arizona, New Mexico, and Colorado.
Energy Fuels owns two fully licensed and constructed ISR uranium facilities in the U.S, with a combined capacity of 3.5 million pounds of uranium per year.
$42.6 million of working capital, including $16.6 million in cash, $11.4 million in marketable securities, 485,000 pounds of finished uranium goods inventory, and 610,000 pounds of finished vanadium goods inventory.
The Company completed no uranium sales of any significance during the quarter and continues to add to uranium inventories.
On July 12, 2019, President Donald J. Trump issued a Presidential Memorandum pursuant to Section 232 of the Trade Expansion Act of 1962 (as amended), ordering the creation of the U.S. Nuclear Fuel Working Group (the "Working Group") to "examine the current state of domestic nuclear fuel production to reinvigorate the entire nuclear fuel supply chain, consistent with United States national security and nonproliferation goals." The Working Group has 90 days from July 12, 2019 to complete its recommendations to the President. The Company intends to continue supporting this initiative in Q3-2019 and believes it has the potential to result in actions that provide meaningful support to the U.S. uranium mining industry.
M timeframe BEAR
W timeframe break above BULL
D timeframe overextended overreaction BULL
RSI W timeframe oversold BULL
MACD W bears loosing momentum BULL
UX3Mo futures broken above TR line BULL
RRR more than favorable BULL
Nuclear reactors building in India, Russia, China
Japan considering running again nuclear reactors after Fukoshima
Kazahstan cutting supply due to mine amortization
Low prices have taken out non-economical uranium projects
EXANTE is a broker for professionals. Direct access to over 50 financial markets through one account.
Stocks & ETFs, Currencies, Metals, Futures , Options, Funds, Bonds, Crypto¬currencies.
Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures , foreign currencies, and bonds involve a high level of risk.
Zinc Vs other metals, Winner-winner still UREducational Metal Futures Insights:
ZA1! Zinc futures are up 15% over the past month, however note "Uranium futures" have been notably increasing since May.
Silver COMEX:SI1! and Copper COMEX:HG1! futures have just started their uptick with recent volatility in
market. CBOE:VIX Gold GC1! is also just starting a small uptick.
The summary: Uranium is a low cost energy driver globally with China bringing on new plants, India on the horizon, the US domestic sourcing to some degree, and japan
starting to restart their power plants from 2011 Fukashima issue as safety, now 7-years later has been implemented for deemed fail-safe. Uranium has achieved an all-time
low from high in 2006-2007, and 2011-2012 to current recovery in April-May of this year. Any company that can benefit in gold, copper, silver along with uranium such as
Rio Tinto, great. Low energy nuclear fusion and going to be the next Uranium, so again mining companies with Nickel (no futures contacts and oddity and needs a futures
contract added) is another benefit. Suggest you use this Nickel website for ideas. www.miningfeeds.com
Ur watchlist:
TSX:U , AMEX:UUUU , TSX:URE , NYSE:CCJ , AMEX:DNN , NYSE:RIO , AMEX:UEC
Ni watchlist:
TSXV:SFR CHXEUR:AALL LSE:ALBA ASX:AUZ ASX:ANW TSX:HBM TSXV:CNX , TSX:RNX , OTC:RNKLF Note: Royal Nickel recently struck a
Father's day gold vein and spiked from 0.07 to now 0.71. Lucky me for knowing small nickel stock. Share your favorites in comments below. I know most here are just
it's just a deal type, but appreciate hearing from you.
LENR Technology:
www.ecat-world.com
Low CO2 energy. Having recently dealt with 70 something houses and businesses be affected by a natural gas over pressurization am thankful no one has to move outside the zone of a nuclear plant, so keep it real and keep it safe. Rule #1: Don't loose the money, Rule #2: Rule #1.
@pokethebear
TOSBF- Toshiba 10 baggerHow did this not get more exposure? Under $3 stock now $28-29/share in last 2 months.
Wow, what a 1/10 split looks like...lol. Got yah!
LENR or low energy nuclear reactor technology and Toshiba technology battery....
Cameco LONG and 600% profit! Or everyone forgot about nucleus...10 years down...
Nuclear energy now is not fashionable.
The nuclear industry is now not popular.
Everyone forgot about it...
A good opportunity to buy cheap $11, cheap leader. With the goal $66 and earn 600%, probably will $8, good chance 825% $14 key level. Secured OVER $14 then $66 in your pocket:)
The idea is not canceled! No stops! It is not trade, it is the possession!
Enterprise Value/EBITDA 9.20
Debt/EBITDA 1.4
Not too cheap, but the company will increase EBITDA and will be growing!
Important remind: Stock - is not a line in the terminal, but a share in a real company! There will always be people who will want this share to increase!